|Tuesday, October 9, 2007 • Volume 4, Issue #250||Home||Research||Magazine||Contact Us|
Mention the term "wealthy Hispanic" to most Americans and many are likely to think of celebrities. The reality is that Hispanic High Net Worth Individuals (HHNWI) form one of the most dynamic, fast-growing, and lucrative niches in the U.S. marketplace.
About 2 million professionals reportedly quit their jobs each year because they were treated unfairly at work. The economic costs to U.S. companies amount to $64 billion a year, not including costs to a company's reputation among potential employees and customers.
The U.S. government is quietly rewriting federal regulations to bring more foreign laborers into the country after enforcement measures against illegal immigration introduced earlier resulted in a nationwide shortage of farmworkers, a report said on Saturday.
Worried that Democrats in Congress were getting too much credit for leadership on tech-industry issues, GOP House leaders Thursday pressed Speaker Nancy Pelosi to move quickly on several tech priorities, including allowing more skilled workers from overseas.
A local exile group has released what is believed to be the first set of guidelines to encourage democracy in Cuba -- after Fidel Castro is gone.
SMALL BUSINESS / ENTREPRENEUR
In an interview this week, Robert Bloom, retired U.S. chairman of worldwide ad agency Publicis, talked about his strategy for growth.
An Orlando-based law and business-development firm has been chosen to manage opportunities for minority- and women-owned businesses in the Dr. Phillips Performing Arts Center project.
Toyota expects to spend about $750 million this year on indirect purchases in North America. From now until June 2008, Toyota will identify potential suppliers via the information they submit on www.ToyotaSupplier.com.
Search the 2007 Hispanic Business 500, a national benchmark of the surging development of U.S. Hispanic-owned companies.
More than 20 percent of Cubans are 65 or older, while a scant 4 percent of Mexicans are in that age bracket. On the other hand, 37 percent of Mexicans and 31 percent of Puerto Ricans are younger than 18.
|From the current issue of Hispanic Business magazine...|
As chairman of the U.S. Equal Employment Opportunity Commission from 1994-97, Gilbert F. Casellas was a vigorous enforcer and educator. He continues those efforts, both as an employment-law attorney at the Washington D.C. law firm of Mintz Levin Cohn Ferris Glovsky, and in the nonprofit world.
In the midst of the past March sell-off, we pointed out in our quarterly economic forecast that even if expectations were falling, fundamentals remained strong. After four months of tranquility, we are again in the middle of extreme market turbulence.
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Hispanic Business, Inc.
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Santa Barbara, CA 93117